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IMPAC Correspondent Debuts iQM at the 2016 MBA Secondary Conference

Category | Correspondent Lenders | Correspondent Lending News | Impac Mortgage Corp. News
iQM-MBA Secondary Conference 2016

The secret is out.

IMPAC Mortgage introduced iQM – the next evolution of AltQM™ at the 2016 MBA Secondary Conference in New York.

iQM brings something the mortgage industry has needed for a long time – an even better way to serve creditworthy borrowers who don’t qualify under conventional loan guidelines.

iQM adds a human element into underwriting to help identify borrowers who have a strong ability and willingness to pay.

Conference attendees learned that they will soon have access to the four new iQM programs with expanded guidelines in June 2016.


iQM Series

The iQM Series incorporates four programs:

  • Agency Plus
    Designed for borrowers with multiple properties, including those with prior foreclosure and bankruptcy.

  • AltDoc
    Engineered for borrowers using bank statements or eligible assets to qualify.

  • Investor
    Developed for established investors, allowing an unlimited number of financed investment properties.

  • Foreign National
    Created for non-U.S. citizens who lack a FICO score or U.S. tax return.


iQM’s more personalized approach ensures a straightforward origination process and greatly assists loan originators in expanding and diversifying their customer base.

If you aren’t able to meet with IMPAC at the MBA Secondary Conference 2016, contact your Relationship Manager to learn more about how you can take advantage of this intelligent, individualized approach to grow your origination business.

© 2019 Impac Mortgage Corp. NMLS #128231. Rates, fees and programs are subject to change without notice. Other restrictions may apply. Information is intended solely for mortgage bankers, mortgage brokers, financial institutions and correspondent lenders. Not intended for distribution to consumers, as defined by Section 1026.2 of Regulation Z, which implements the Truth-In-Lending Act. Licensed by the Department of Business Oversight, under the California Residential Mortgage Lending Act (License #4131083). Impac Mortgage Corp. dba Excel Mortgage. Equal Housing Lender.